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Leominster

Significant portion of Fidelity Bank’s $23M settlement in Ponzi scheme to be covered by insurance

Fidelity Bank, headquartered in Leominster, as well as its former president, John Merrill, have agreed to a $22.5-million settlement as part of a larger class action lawsuit related to the TelexFREE Ponzi scheme, although a significant portion of those costs will be covered by the bank's insurance.

D’Errico’s Market will open third location in Leominster, scouting for fourth

As long as current plans stay on track, D’Errico’s Market in Worcester will expand out of Worcester and into Leominster this summer, Owner Rodrigo DeOliveira said on Thursday. 

Four Central Mass. cities secure $10M in housing aid

Four Central Massachusetts cities have secured nearly $9.8 million in federal housing aid, including for programs providing affordable housing and community development.

Q&A: United Solutions launches recyclable storage products, plans to hire 100 new employees

CEO Dave Reilly, who just marked his one-year anniversary at the company’s helm, spoke to WBJ about that growth, cultivating company culture and focusing on manufacturing specialties.
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Leominster apartment complex sold by prominent Worcester lawyer for $3M

A corporation registered to Worcester lawyer Michael Angelini and his late brother sold a 29-unit apartment complex in Leominster for $2.5 million to two Franklin buyers.

Majority owner of Sentinel & Enterprise parent company to acquire Tribune Publishing

Alden Global Capital LLC, a New York hedge fund which backs the parent company of Fitchburg’s Sentinel & Enterprise newspaper, has agreed to acquire Tribune Publishing Co. for about $430 million.

Four Central Mass. cities part of state’s targeted vaccine program

Four cities in Central Massachusetts have been chosen among 20 across Massachusetts to be part of a new statewide program to help with coronavirus vaccinations in underserved communities.

Leominster gas station, Dunkin’ sell for $3.5M

A gas station property with a Dunkin' and a convenience store on Central Street in Leominster has sold for $3.5 million.
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Leominster Credit Union gives $600 stimulus checks to all employees

As Washington, D.C. tussles over yet another stimulus check proposal, Leominster Credit Union is taking matters into its own hands.

UMass’ Leominster hospital names new president

Steve Roach, the interim president of UMass Memorial HealthAlliance-Clinton Hospital, which has its main offices in Leominster, has been named to the position on a permanent basis.
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